[March 23, 2012] Lowest Earnings Yield in the Application Software Industry Detected in Shares of Mitek Systems (MITK, ULTI, QLIK, PEGA, MSTR) Tweet Mar 23, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Application Software industry with the lowest earnings yields. Earnings yield is useful to compare the relative benefit of owning a stock vs. owning other yield assets such as bonds. If the earnings yield is higher, stocks may be considered undervalued.Mitek Systems ranks lowest with a an earnings yield of 0.2%. Ultimate Software is next with a an earnings yield of 0.2%. QLIK Technologies ranks third lowest with a an earnings yield of 0.4%. Pegasystems follows with a an earnings yield of 0.7%, and MicroStrategy rounds out the bottom five with a an earnings yield of 1.0%. SmarTrend recommended that subscribers consider buying shares of Mitek Systems on December 8th, 2011 as our technology indicated a new Uptrend was in progress when shares hit $8.34. Since that recommendation, shares of Mitek Systems have risen 37.9%. We continue to monitor Mitek Systems for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]